April 11, 2024
Seventy percent of RIAs said they expect the S&P 500 to grow by 3% or more in the next 12 months, according to their responses to a survey sponsored by a group including Security Benefit, Greenwald Research, and DPL Financial Partners.
This market optimism, however, is tempered by their concerns about volatility.
The survey indicated “guarded optimism that’s intriguing in its own right, coming at what many view as a pivotal inflection point for the economy,” said Mike Reidy, a national sales manager at Security Benefit, in a statement.